Industry Trends

Realme 16 5G Specifications Leak via Retailer Listing; to Feature Dimensity 6400 Chipset

The Realme 16 5G is rumoured to be in development as the successor to the Realme 15 5G, which was introduced in July 2025. While the company has yet to confirm its existence, the purported smartphone has surfaced via a retailer listing, revealing its key specifications and hinting towards its imminent debut in select markets. As per the listing, the Realme 16 5G has a 6.57-inch AMOLED screen and runs Android 16-based firmware.

Layoffs / Restructuring

Citi CEO Jane Fraser warns of more job cuts, looks to 'raise the bar'

Citigroup, a New York-based bank whose performance has long lagged below that of other major US lenders, has made streamlining the business and reducing waste a top priority. The bank has undergone a makeover under Fraser, who took over in 2021. This includes reorganising its core business and selling off a large portion of its foreign retail division.